409 ELECTRIC LLC (NY) - 2020 PPP Loan Borrower Profile (# 5020227807)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 409 ELECTRIC LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

5020227807

SBA Office Code

0219

Processing Method

PPP

Curent Loan Amount

$7,115

Date Loan was Approved

May 29, 2020

Amount Forgiven

$7,160.65

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

7,115

Lender

The Canandaigua National Bank and Trust Company

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

ROCHESTER, NY

Project Location

ROCHESTER, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.